IC in the Media

IC in the Media

A sampling from media accounts that reference Ithaca College or quote members of the college community.

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Posted by Shannon Mazourek at 9:52AM

Athena Zhang, assistant professor of finance and international business

Zhang, along with a Cornell University faculty member, recently published a study on lodging company acquisitions, finding that taking over a privately held company yields the most value. “We analyzed only public acquirers simply because this allowed us to gauge the change in market capitalization during the five-day announcement period,” said Zhang. “However, we see no reason that privately held companies would not enjoy the same value creation outcome from acquiring an unlisted firm.”

Outlet: Hotel and Motel Management
Publication Date: December 7, 2010
Article: “Cornell Study: Privately-owned Acquisitions Most Valuable

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